A racing syndicate is a group of individuals who pool their resources to purchase and manage racehorses. This arrangement allows members to share the costs of ownership, training, and upkeep, making it more affordable for people to participate in horse racing. Syndicates often provide members with a chance to experience the excitement of owning a racehorse without the financial burden of sole ownership. Members of a racing syndicate typically receive updates on their horse's training and performance, and they may have opportunities to attend races. This collaborative approach not only fosters camaraderie among members but also enhances the enjoyment of being involved in the world of horse racing.